Colin Electric: Shareholders including Zhang Chengsuo plan to reduce their stake.

Colin Electric announced that shareholder Zhang Chengsuo, who holds more than 5% of the shares, intends to reduce his holdings by a total of no more than 11.3 million shares through centralized bidding and block trading, with a reduction ratio not exceeding 2.80% of the total share capital of the company; Director and President Wang Yong intends to reduce his holdings by no more than 1.15 million shares, with a reduction ratio not exceeding 0.29% of the total share capital of the company; Director Dong Caihong intends to reduce his holdings by no more than 1.87 million shares, with a reduction ratio not exceeding 0.46% of the total share capital of the company. The reduction plan will be carried out within 3 months after the disclosure of this announcement for a period of 15 trading days.